The surrogacy industry has witnessed remarkable growth over the past decade, transforming from a niche practice into a burgeoning market with substantial economic implications. As of 2015, the global surrogacy market amassed an impressive $112.80 million in revenue. Fast forward to the foreseeable future, and projections estimate that this market will reach a staggering $201.40 million by 2025, charting a remarkable growth trajectory with a Compound Annual Growth Rate (CAGR) of 6.1% from 2016 to 2025.
At its core, surrogacy represents a groundbreaking assisted reproductive technique, providing hopeful parents with an avenue to parenthood that was previously considered unattainable. This method involves a carefully orchestrated collaboration between intended parents and a surrogate, who undertakes the invaluable role of carrying the baby to term. The beauty of surrogacy lies in its adaptability, offering two distinct approaches: traditional and gestational surrogacy.
In the traditional variant, the surrogate contributes her own eggs, establishing a biological connection between herself and the child she carries. This intricate biological relationship adds a layer of complexity and emotional depth to the surrogacy journey, often forging a unique bond between the surrogate and the intended parents. On the other hand, gestational surrogacy presents a different paradigm. Here, the surrogate serves as a nurturing vessel for the growing embryo, yet without a biological tie to the baby. This modern technique not only offers enhanced genetic flexibility but also promotes a sense of emotional detachment, allowing the intended parents to establish an even stronger bond with their future child.
The ascent of the surrogacy market can be attributed to a multitude of factors, with the most prominent being the escalating incidence of infertility issues. A mounting number of individuals and couples are grappling with challenges such as diminished sperm count, irregular egg or sperm production, and hormonal imbalances. The root causes of these infertility concerns are manifold and often intertwined with the complexities of modern life. Lifestyle factors like heightened stress levels, the consumption of alcohol, and the use of steroids are known to exert a negative impact on fertility. As society becomes more attuned to these factors and their consequences, a greater number of individuals are turning to surrogacy as a beacon of hope in their quest to become parents.
Key Market Players
- OVATION FERTILITY
- CARE FERTILITY GROUP
- EXTRAORDINARY CONCEPTIONS
- NOVA IVI FERTILITY
- GROWING GENERATIONS LLC
- BOURN HALL FERTILITY CLINIC
- NEW HOPE FERTILITY CLINIC
- IVI RMA GLOBAL
- HOUSTON FERTILITY CENTER
- CLINIC SCANFERT
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐮𝐫𝐫𝐨𝐠𝐚𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/surrogacy-market/purchase-options